Solana Price Prediction: Solana Faces Hard $80 Test

Solana is trying to hold its lower range after a sharp drop from previous highs and a completed short setup near $83.95.

The latest charts show $SOL still lacks a confirmed recovery, while the $75–$80 support area now decides whether the post-selloff range holds or breaks lower.

Solana Holds Near $85 as $SOL Tests Post-Selloff Range

Solana is trading near $85 after a sharp decline from its previous cycle highs, with the chart showing price trying to stabilize after months of lower highs.

The chart shared by Shah shows $SOL falling from the $200–$250 area into the current lower range. After that drop, price moved sideways near the $80–$100 zone instead of continuing straight down.

Solana Post Selloff Range. Source: Shah on X

That sideways action matters because it shows selling pressure has slowed, at least for now. $SOL has not confirmed a strong recovery, but it has also avoided a clean breakdown below the recent base.

The main support area appears near $75–$80. If $SOL loses that zone, the chart could open a deeper move toward the lower range near $60–$65, where price previously reacted during the broader decline.

On the upside, $SOL first needs to reclaim the $95–$100 area. A move above that range would show stronger demand and could bring the $120–$130 zone back into focus.

For now, the chart shows Solana at a lower-range decision point. The question is not only how much lower $SOL can go, but whether buyers can defend the $75–$80 area long enough to rebuild momentum.

Solana Short Target Hits After $SOL Breaks Rising Trendline

Solana hit the downside target after losing a clean ascending trendline on the 30-minute chart, according to a setup shared by Third Eye.

The chart shows $SOL breaking below the rising support line that had guided price from May 3 to May 13. After that breakdown, price followed the projected short setup and moved toward the marked target.

Third Eye said the short call came after the trendline break, with entry at $91.97 and target at $83.95. The setup also listed a stop-loss at $96.02, placing the invalidation level above the broken structure.

The move shows how the trendline shifted from support into a breakdown signal. Once $SOL failed to hold that line, sellers pushed price lower inside the projected target zone.

For now, the chart confirms the short setup already played out. The next signal depends on whether $SOL can build support near the target area or continue weakening below the recent low.